When I tell people about bitcoin and I want to give an example of something bitcoins are good for today I usually use the example of international money transfers. Recently I successfully transferred some money to my sister (about $50), who is currently living in South Korea. It was not exactly the smoothest experience ever but I think it demonstrates a real opportunity. Here’s how we did it. About a month and half ago I asked my sister if she’d be willing to give this a try. …

It’s been over a year since I last write about my experiences with bit coins. I have not been able to explore the world of crypto currency as much as I would have liked but I have managed a few things. Overall though, it’s been very interesting to see how Bitcoin is becoming more and more mainstream all the time. If you watch closely it seems super slow but if you take a step back, it’s pretty amazing how fast it’s been. …